The forecast for geothermal power final consumption in commercial and public services in the UK indicates a declining trend from 2024 to 2028. In 2024, the value is projected at 3.12 GWh, showing a decrease to 1.97 GWh by 2028. This represents an average annual decline, or compound annual growth rate (CAGR), over the five-year period. Comparing year-on-year, there is a notable negative percentage change in consumption, reflecting a consistent reduction in reliance on geothermal energy in this sector.
From 2024 onwards, monitor technological advancements that could improve efficiency in geothermal energy utilization and policy changes incentivizing its adoption in the commercial and public services sectors. Such developments could impact consumption trends, potentially reversing the current decline.
